Shining the Light on SARS Solar Panel Tax Incentive

2023-11-22T16:18:39+00:00November 22, 2023|Accounting, Advice, News, SARS, Taxes, Tips|

With load shedding still firmly on the horizon, it was welcomed news in the recent Medium-Term Budget Policy Statement, that the government is advocating for the solar panel tax incentive to be extended to batteries and inverters.  Electricity Minister, Kgosientsho Ramokgopa, wants more businesses and households to opt for rooftop solar panels, but feels [...]

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SARS Changes to Foreign Investment & Emigration Explained

2023-05-23T04:22:01+00:00May 22, 2023|Accounting, Advice, General, News, Taxes|

Last month, the South African Revenue Service implemented a welcomed change to the foreign investment and emigration tax clearance process for individuals transferring money abroad. These changes are essentially system enhancements to align the different tax clearance processes and make compliance easier. With official emigration having been phased out in 2021, SARS new tax [...]

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